atect corporation
4241・Standard Market・Chemicals
Semiconductor Materials Business
Core business of Atect manufacturing and selling Spacer Tape (Embossed, Molded, Flat Type) for FPD driver LSIs
| Period | Current | Previous | Change |
|---|---|---|---|
| Net Sales (Full Year, FY2026 (ending March 2026)) | ¥1,165 million | ¥1,136 million | ↑ |
| Operating Income (Full Year, FY2026 (ending March 2026)) | ¥102 million | ¥84 million | ↑ |
| Sales Volume (Full Year, FY2026 (ending March 2026)) | 66.53 million m | — | ↑ |
| Sales Volume (Q4, FY2026 (ending March 2026)) | 19.34 million m | — | ↑ |
Business Details
Manufactures and sells "Spacer Tape," a protective material used for mounting driver LSIs and other components in flat panel displays (LCD and OLED). The company operates a two-site production system in Japan and South Korea, with major customers being panel manufacturers in Korea, Taiwan, China, and other Asian regions. PET film is the main raw material, giving the business a highly exchange-rate-sensitive structure that benefits from a weaker yen and a stronger Korean won/Taiwan dollar. The company is also working to expand sales beyond the FPD industry.
Recent Overview
Higher sales and profit driven by recovery in LCD panel demand; Q4 sales volume strong at 19.34 million m
Full-year net sales for FY2026 (ending March 2026) were ¥1,165 million (up 2.6% year on year), and operating income was ¥102 million (up 21.3% year on year). Demand for LCD panels recovered from the third quarter onward, and panel manufacturers' utilization rates did not decline significantly, securing a certain level of orders. Sales volume in the fourth quarter performed well at 19.34 million m, bringing the full-year cumulative total to 66.53 million m. On the other hand, continued elevated prices for PET film, the main raw material, along with a weaker yen and rising energy costs, remained factors squeezing profit.
Key Products
Growth Drivers
- Securing a certain level of orders due to stable trends in LCD panel manufacturers' utilization rates
- Profit boost from favorable exchange rate effects of a weaker yen and stronger Korean won/Taiwan dollar
- Efforts to expand sales beyond the FPD industry (new market development)
- Stable supply and optimized personnel allocation through the two-site production system in Japan and Korea
- Cost reduction through improved production efficiency and development activities for cost-competitive Spacer Tape
Risks
- Risk of sudden demand changes due to fluctuations in LCD panel manufacturers' utilization rates and inventory adjustment phases
- Cost pressure from continued high prices of PET film, the main raw material, and rising material and energy costs
- Risk of further raw material price spikes and supply uncertainty due to escalating tensions in the Middle East
- Demand uncertainty due to unclear US trade policy and delayed economic recovery in China
- Risk of revenue concentration in specific customers and specific regions (Asian panel manufacturers)
Last updated: June 23, 2026